Perkins Coie Foundation
Perkins Coie Foundation consistently operates with zero officer compensation and no liabilities, maintaining a stable asset base for grantmaking.
EIN: 204824430 · Seattle, WA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.5M |
| Program Spending | 90% |
| Net Assets | $2.7M |
| Transparency Score | 90/100 |
Is Perkins Coie Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Perkins Coie Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Perkins Coie Foundation
Perkins Coie Foundation (EIN: 204824430) is a nonprofit organization based in Seattle, WA, classified under NTEE code T20. The organization reported total revenue of $3.2M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Perkins Coie Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Perkins Coie Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-355,741 |
| Total Assets | $2.7M |
| Net Assets | $2.7M |
| Operating Margin | -16.6% |
| Months of Reserves | 12.8 months |
Financial Health Grade: B
In 2023, Perkins Coie Foundation reported a deficit of $356K with expenses exceeding revenue, holds 12.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Perkins Coie Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.5% | +6.0% | -11.8% |
| 2022 | -20.0% | -2.6% | -7.0% |
| 2021 | +0.1% | +11.4% | +9.1% |
| 2020 | +7.3% | +1.5% | +21.0% |
| 2019 | -0.5% | -0.2% | +17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Perkins Coie Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Perkins Coie Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $356K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid or compensated by the parent company, which is a strong positive for transparency and resource allocation for a foundation of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Perkins Coie Foundation:
- Consistent 0% officer compensation reported, indicating efficient use of funds or external support for leadership.
- Zero reported liabilities across all filings, demonstrating strong financial health and minimal debt burden.
- Stable and substantial asset base (e.g., $2,656,499 in 2023) providing a solid foundation for grantmaking activities.
- Consistent revenue generation over a decade, showing reliable funding streams.
- Role as a grantmaking foundation (NTEE T20) implies direct program impact through funding other nonprofits.
Frequently Asked Questions about Perkins Coie Foundation
Is Perkins Coie Foundation a legitimate charity?
Perkins Coie Foundation (EIN: 204824430) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Perkins Coie Foundation spend its money?
Perkins Coie Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Perkins Coie Foundation tax-deductible?
Perkins Coie Foundation is registered as a tax-exempt nonprofit (EIN: 204824430). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Perkins Coie Foundation's spending goes to programs?
Perkins Coie Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Perkins Coie Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Perkins Coie Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Perkins Coie Foundation located?
Perkins Coie Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 204824430. It is classified under NTEE code T20.
How many years of IRS 990 filings does Perkins Coie Foundation have?
Perkins Coie Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.2M in total revenue.
Is the Perkins Coie Foundation financially stable?
Yes, the foundation appears financially stable. It consistently maintains a multi-million dollar asset base (e.g., $2,656,499 in 2023) and reports zero liabilities across all available filings, indicating a strong balance sheet.
Does the Perkins Coie Foundation pay its officers?
According to its IRS 990 filings, the foundation consistently reports 0% officer compensation, suggesting that its officers are not directly compensated by the foundation itself, or their compensation is covered by the parent entity.
How has the foundation's revenue trended over time?
The foundation's revenue has been relatively stable, generally fluctuating between $2.1 million and $2.6 million annually over the past decade, with a slight dip in 2023 to $2,139,889 from a high of $2,687,683 in 2021.
Filing History
IRS 990 filing history for Perkins Coie Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Perkins Coie Foundation's revenue has grown by 73.2%, moving from $1.2M to $2.1M. Total assets increased by 243.2% over the same period, from $774K to $2.7M. Total functional expenses rose by 83.7%, from $1.4M to $2.5M. In its most recent filing year (2023), Perkins Coie Foundation reported a deficit of $356K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.5M | $2.7M | $0 | — | — |
| 2022 | $2.2M | $2.4M | $3.0M | $0 | — | View 990 |
| 2021 | $2.7M | $2.4M | $3.2M | $0 | — | View 990 |
| 2020 | $2.7M | $2.2M | $3.0M | $0 | — | — |
| 2019 | $2.5M | $2.1M | $2.5M | $0 | — | View 990 |
| 2018 | $2.5M | $2.1M | $2.1M | $0 | — | View 990 |
| 2017 | $2.5M | $2.4M | $1.7M | $0 | — | View 990 |
| 2016 | $2.3M | $2.3M | $1.6M | $0 | — | View 990 |
| 2015 | $2.2M | $2.0M | $1.6M | $0 | — | View 990 |
| 2014 | $1.8M | $1.7M | $1.3M | $0 | — | View 990 |
| 2013 | $1.8M | $1.5M | $1.2M | $6K | — | View 990 |
| 2012 | $1.7M | $1.6M | $846K | $0 | — | View 990 |
| 2011 | $1.2M | $1.4M | $774K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.5M, and assets of $2.7M (revenue -0.5% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.4M, and assets of $3.0M (revenue -20.0% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.4M, and assets of $3.2M (revenue +0.1% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.2M, and assets of $3.0M (revenue +7.3% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.1M, and assets of $2.5M (revenue -0.5% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.1M, and assets of $2.1M (revenue +0.5% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.4M, and assets of $1.7M (revenue +7.7% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $1.6M (revenue +4.7% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.0M, and assets of $1.6M (revenue +21.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $1.3M (revenue +0.7% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.5M, and assets of $1.2M (revenue +7.0% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $846K (revenue +36.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.4M, and assets of $774K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Perkins Coie Foundation:
Data Sources and Methodology
This transparency report for Perkins Coie Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.